On Training Wheels
I bought a similar bike for my wife a couple of years ago at an antique store for $150US. I thought that she should have an older bike to cruise around town on but my real motivation for the purchase was to be able to rebuild the Sturmey Archer 3-speed hub. The rebuild is really pretty straightforward. I never cease to be amazed at the engineering and workmanship that goes into these. I believe they first came on the market in 1902.